Excellent investment opportunity! Almost 2 acres! Property is in prime location close to Raleigh and Apex. Small house needs repair and is being sold AS IS. All structures and outbuildings convey with property. Land is accessed by 2 easements off Simpkins Road and McCoy Road. Driveway is immediately across from Horseshoe Mobile Home Park on Simpkins Road. One well and septic on property.
Single-familyProperty Type
1962Year Built
1.84 acresLot Size
$360Est. Price/Sq.Ft.
1 spaceParking
Listed by Jerry Dickerson• Keller Williams Preferred Realty
Listed by Margaret Dickerson• Keller Williams Preferred Realty
Excellent investment opportunity! Almost 2 acres! Property is in prime location close to Raleigh and Apex. Small house needs repair and is being sold AS IS. All structures and outbuildings convey with property. Land is accessed by 2 easements off Simpkins Road and McCoy Road. Driveway is immediately across from Horseshoe Mobile Home Park on Simpkins Road. One well and septic on property.
Public Records
Oct 27, 1982
Sold
$22,500
$32/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,130 (+2.9%)
$130,920 + $42,666
$173,586
2024
$1,098 (+24.2%)
$130,920 + $42,666
$173,586
2023
$884 (+7.8%)
$130,920 + $42,666
$173,586
2022
$820 (+2.7%)
$81,900 + $28,913
$110,813
2021
$799 (+1.6%)
$81,900 + $28,913
$110,813
2020
$786 (+47.5%)
$81,900 + $28,913
$110,813
2019
$533 (+8.5%)
$81,900 + $28,913
$110,813
2018
$491 (+5.3%)
$77,200 + $22,613
$99,813
2017
$466 (+2.0%)
$77,200 + $22,613
$99,813
2016
$457 (+6.5%)
$77,200 + $22,613
$99,813
2015
$429 (+5.4%)
$77,200 + $22,613
$99,813
2014
$407 (+6.6%)
$76,050 + $14,515
$90,565
2013
$382
$76,050 + $14,515
$90,565
2012
$382
$76,050 + $14,515
$90,565
2011
$382
$76,050 + $14,515
$90,565
Tax history for 2698 Simpkins Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,130 (+2.9%)
$130,920 + $42,666
$173,586
2024
$1,098 (+24.2%)
$130,920 + $42,666
$173,586
2023
$884 (+7.8%)
$130,920 + $42,666
$173,586
2022
$820 (+2.7%)
$81,900 + $28,913
$110,813
2021
$799 (+1.6%)
$81,900 + $28,913
$110,813
2020
$786 (+47.5%)
$81,900 + $28,913
$110,813
2019
$533 (+8.5%)
$81,900 + $28,913
$110,813
2018
$491 (+5.3%)
$77,200 + $22,613
$99,813
2017
$466 (+2.0%)
$77,200 + $22,613
$99,813
2016
$457 (+6.5%)
$77,200 + $22,613
$99,813
2015
$429 (+5.4%)
$77,200 + $22,613
$99,813
2014
$407 (+6.6%)
$76,050 + $14,515
$90,565
2013
$382
$76,050 + $14,515
$90,565
2012
$382
$76,050 + $14,515
$90,565
2011
$382
$76,050 + $14,515
$90,565
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
1.84 Acres
Year renovated
1962
Sq. Ft.
672
Year built
1962
Style
Single Family Residential
County
Wake County
APN
0791.03 31 6041 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
R-40W
Residential-40 Watershed District
The R-40W zoning districts are known as residential watershed districts. These districts allow very-low-density residential development in the form of single-family detached dwellings and duplexes. A limited number of nonresidential uses are also allowed, but generally only if the Board of Adjustment first reviews and approves a site plan and Special Use Permit for such use.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Mobile home park
Park & open space
Aug 28, 2028 • Active
Permit for residential wastewater (septic)
Relocate the wastewater system for a proposed garage.
Grading
Jan 30, 2023 • Final
Residential - accessory building
Install a new concrete slab.
ADU
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Directions: Take I-40 toward Benson. Take the Gorman St EXIT 295. Take the ramp toward Tryon Rd. Turn left onto Tryon Rd. Turn right onto Lake Wheeler Rd. Turn left onto Simpkins Rd. The property is just past Horseshoe Dr.
Latitude: 35.703229
Longitude: -78.684584
Postal Code: 27603
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 672
Stories: 1.0
Lot Size: 1.84 acres
Style: Single Family Residential
Year Built: 1962
Year Renovated: 1962
County: Wake County
APN: 0791.03 31 6041 000
Home facts updated by county records on Aug 10, 2026
Other
Listing Date Information
Contract Status Change Date: 2019-08-01
Documents Change Timestamp: 2024-06-17T22:57:38Z
Photos Change Timestamp: 2023-09-15T16:54:47Z
Around this home
Schools
Yates Mill Elementary
Public PreK-5 • Assigned • 3.4mi
7/10
Dillard Drive Middle
Public 6-8 • Assigned • 4.1mi
7/10
Garner High
Public 9-12 • Assigned • 2.7mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
62% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Raleigh, NC • 27603
Average low and high temperatures (°F)
49
28
55
35
70
45
77
54
79
59
90
68
91
73
82
67
81
64
73
51
66
43
54
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
8.9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$240,000 – $290,000
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